WHAT IF on an options trade
what_ifRead-onlyIdempotent
What a trade is worth if the stock moves, time passes or implied volatility changes: profit or loss on a chosen date at a chosen stock price, the same at expiration, and the change for one more day, one more volatility point and a one dollar move. Use it for questions like what happens to my condor if the stock drops ten percent next week.
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| days | Yes | Days to expiration. | |
| legs | No | The legs of the trade, up to eight. Each has a side (buy or sell), a type (call, put or stock), a strike for options, a quantity, and optionally the price per share paid or received; a missing price is estimated from the implied volatility. | |
| spot | Yes | Stock price in dollars. | |
| iv_pct | Yes | Implied volatility, percent per year (30 means 30 percent). | |
| rate_pct | No | Interest rate the model uses, percent per year. Default 4. | |
| strategy | No | A standard structure built from the stock price: long_call, long_put, covered_call, cash_secured_put, bull_call_spread, bear_put_spread, bull_put_spread, bear_call_spread, iron_condor, long_straddle, long_strangle. Omit when passing legs. | |
| stock_price | Yes | The stock price in the scenario. | |
| days_from_now | No | Days into the future for the scenario. 0 means today. | |
| iv_change_points | No | Change in implied volatility in points, applied to every leg. Negative for a drop. |